Maximize Option Selling Profits with these Simple Strategy Adjustments

[@alcubes2000]

My man showed up through my feed out of nowhere with some FIRE!!! Keep em coming! Video Liked! Thank you

[@JustEasyOptions]

Thank you for the like, i'm glad my video found you!

[@stimulation510]

first of all great video, please make more. I was scared to press on the video bc i consider myself pretty knowledgeable on trading options. 99% of videos on youtube is just peoples opinion, but this was just all facts. Lets get it !

[@JustEasyOptions]

@@stimulation510 Thank You! It really means a lot. I strive to be straight to the point and not waste anyone’s time 😁

[@topdoted]

On the last example, do you close out the entire leep option when the sold option expires?

[@JustEasyOptions]

It really depends on the stock price and how much management you're comfortable with. This strategy offers a lot of flexibility, but you need to stay on top of the moving parts and understand how each leg impacts your overall return. Here’s a general breakdown: If the stock is close to the short strike price: Consider closing the entire position to lock in profits. If the stock is below the short strike price: Let the short option expire, then sell a new one for the next week to keep the strategy going. If you’re using the PMCC with an embedded debit call spread (DCS) and the stock is trading between the DCS legs: Close the portion that’s in-the-money (ITM) for a profit, and let the other short call expire. and then sell a new call, or front end ratio call spread to keep the strategy going.

[@topdoted]

I'm asking whether Robinhood allows me to close and open a new weekly without closing the sleep and setting up a new sleep. Thanks for your reply.

[@JustEasyOptions]

@@topdoted Yes you can roll to a new weekly, or close and open a new one. Just note the robin hood app wont have any new trades shown as a multileg strategy after you close the one leg (meaning in the same overview screen as the leap) . Similar to how it doesn't show your stock combined with a covered call.

[@Tradelikeace]

Great stuff nailed it definitely need more of these I did pretty good with spx today made 500 dollars added it to stocks

[@JustEasyOptions]

That's great to hear! Do you roll the premium back into SPX or something else?

[@Tradelikeace]

@ I do yes if I made enough for the week I keep re investing it and if I’m over my goal I’d add to dividend stocks

[@JustEasyOptions]

@@Tradelikeace That's a great way to let your money work for you! I like storing my extra cash in SGOV

[@Tradelikeace]

@ most definitely I’m currently trying to get to 1000 shares of Coca Cola then make down the line hey maybe we can learn from one another would you like to connect with one another?

[@Tradelikeace]

@ sgov is a nice bond

[@Kailashbhakth]

Nice video but for all the above strategies you still need collateral for 100 shares on put side because you are selling 2 puts and buying one put..1 buy put will offset the 1 sell put but for other sell put you need collateral of 100 shares.. same is the case with covered call and also leap option strategy

[@JustEasyOptions]

@@Kailashbhakth For the first strategy we are buying a long Put as a substitute for the full collateral, when/if you sell to close the long Put, yes you will need to provide the full collateral for the short Put. In the second strategy, you do need the full collateral for the second short Put that isn’t covered with a long Put. For running the front end ration call spread, it is assumed you own 100 shares of the underlying. With the 4th strategy owning 100 shares is not needed as the entire position is covered with long Calls per short Call (one being the leap and the other being the long leg of the debit call spread).

[@Kailashbhakth]

@ thanks for the info I need to rewatch the video.. I missed some details .. appreciate it..keep up the good work..

[@JustEasyOptions]

@ I appreciate the feedback! If I ever misspeak I’d like to make sure it gets corrected, especially with these more advanced strategies 😁

[@afrmthaby18732]

What stocks would be the perfect ones to invest on rn

[@afrmthaby18732]

Like the lowest ones with that go for around $0.3

[@JustEasyOptions]

@afrmthaby18732 for which strategy?

[@afrmthaby18732]

@ for a beginner

[@JustEasyOptions]

It really depends on your budget. Selling puts & calls are the easiest. Selling Put spreads are way cheaper but have more risk.

[@foropt]

This is great insight here. Thank you.

[@JustEasyOptions]

@@foropt You’re Welcome!

[@kevincho1204]

@justeasyoptions Thanks for the video, in your first example on the SOFI. If it get near the strike price $15 and I am ok with getting assigned the shares, I just sell to close the long leg ($10) to turn it into a cash secured put? I didn't understand the part where the collateral requirement goes from $1500-500= 1000 when we close the long leg. Also since we are lowering the margin requirement on this trade will the initial premium received be lower? Thank you!

[@JustEasyOptions]

Great question! The long put leg acts as a substitute for $1,000 of the required collateral for the short put. If you close the long put, Robinhood will then require you to provide the remaining collateral to fully cover the short put position-this would bring your collateral requirement back up to $1,500 (unless you have margin borrowing enabled and sufficient margin available). As for the initial premium: the premium you receive is based on the short put strike price minus the premium you pay for the long put. The premium isn’t directly affected by the lower collateral requirement-it’s just a result of the strategy structure. The collateral reduction is a separate benefit of adding the long leg to the trade. Let me know if you’d like more details on any part of this!

[@kevincho1204]

@ thanks for your reply! Normally to close the long leg as it gets near the strike does it cost a debit?

[@JustEasyOptions]

@ it shouldn’t cost a debit, that leg was BTO (Bought to Open) so you must STC (Sell to Close). When you close that leg you must likely will receive a credit, although it may be very small if it’s still OTM with no time left.

[@kevincho1204]

@@JustEasyOptions thanks awesome videos!

[@JustEasyOptions]

@@kevincho1204 You’re Welcome!